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BUILDEX

Open bankruptcy
Private limited company (pre-2019)founded 1992KBO/BCE: BE 0447.813.960
Summary

A bankruptcy procedure is open for BUILDEX according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-214k) and a net result of €-10k.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
26 June 2025
Supervising judge
Jo Kenis
Official Gazette
02-07-2025 (pdf) ↗search the document for 2025/128998

Curators

  • Tom ArtsJaarbeurslaan 19/31, 3600 Genktom.arts@moore.be
  • Geert ReniersJaarbeurslaan 19/31, 3600 Genkgeert.reniers@moore.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 July 1992, BUILDEX was incorporated.1 Total assets went from EUR 538,997 in 2018 to EUR 46,852 in 2022.2 The company was declared bankrupt on 26 June 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 02-07-2025

Financials · fiscal year 2022, micro schema

Equity
€-214k▼ 5.1%
2021 · €-203k
Total assets
€47k=
2021 · €47k
Net result
€-10k▲ 50.3%
2021 · €-21k
Working capital
€-212k▼ 5.2%
2021 · €-201k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€3k-€39k▲ 1,303%€10▼ 100.0%€-10k€-800▲ 91.6%
Net result€-22k-€31k€-7k€-21k▼ 197%€-10k▲ 50.3%
Equity€-206k-€-176k▲ 14.8%€-183k▼ 4.0%€-203k▼ 11.4%€-214k▼ 5.1%
Total assets€539k-€457k▼ 15.2%€345k▼ 24.4%€47k▼ 86.4%€47k=
Debt€745k-€632k▼ 15.1%€528k▼ 16.5%€250k▼ 52.6%€261k▲ 4.2%
Working capital€-202k-€-173k▲ 14.2%€-179k▼ 3.3%€-201k▼ 12.4%€-212k▼ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2018: €3k€3kNet result 2018: €-22k€-22kOperating result 2019: €39k€39kNet result 2019: €31k€31kOperating result 2020: €10€10Net result 2020: €-7k€-7kOperating result 2021: €-10k€-10kNet result 2021: €-21k€-21kOperating result 2022: €-800€-800Net result 2022: €-10k€-10k20182019202020212022€-30k€-20k€-10k€0Operating result 2020: €10€10Net result 2020: €-7k€-7kOperating result 2021: €-10k€-9.5kNet result 2021: €-21k€-21kOperating result 2022: €-800€-800Net result 2022: €-10k€-10k202020212022
The operating result stays negative: a loss of €800 in 2022 against €10k in 2021; the loss shrinks.
Key figures and ratios
2022 value · change against 2021
Solvency
-456.5%▼
2021 · -434.5%
Current ratio
0.18▼
2021 · 0.18
Quick ratio
0.18▼
2021 · 0.18
Debt to equity
-1.22▲
2021 · -1.23
ROA
-22.2%▲
2021 · -44.6%
Debt ≤ 1 year
€257k▲
2021 · €246k
Debt > 1 year
€4k=
2021 · €4k
Income taxes
€5k▼
2021 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 41 lines
Balance sheet Code20212022
Assets
Total assets20/58€47k€47k=
Formation expenses20€2k€2k=
Current assets29/58€45k€45k=
Stocks and contracts in progress3€40€40=
Stocks30/36€40€40=
Amounts receivable within one year40/41€27k€27k▼
Trade receivables40-€15k
Other amounts receivable41€27k€12k▼
Cash at bank and in hand54/58€322-
Deferred charges and accrued income490/1€18k€18k▲
Equity and liabilities
Total equity and liabilities10/49€47k€47k=
Equity10/15€-203k€-214k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-224k€-234k▼
Amounts payable17/49€250k€261k▲
Amounts payable after more than one year17€4k€4k=
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€246k€257k▲
Financial debts43-€177k
Credit institutions430/8-€174k
Other loans439-€2k
Trade debts44€34k€35k▲
Suppliers440/4€34k€35k▲
Taxes, remuneration and social security45€148€147▼
Taxes450/3€148€147▼
Other amounts payable47/48€212k€45k▼
Income statement Code20212022
Other operating charges640/8€2k€297▼
Gross operating margin9900€-8k€-503▲
Operating profit (loss)9901€-10k€-800▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Non-recurring financial charges66B-€194
Profit (loss) for the period before taxes9903€-12k€-5k▲
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€-21k€-10k▲
Profit (loss) for the period to be appropriated9905€-21k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-224k€-234k▼
Profit (loss) brought forward from the previous period14P€-203k€-224k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-----
Other operating charges640/8--€1k€2k€297▼ 84.9%
Gross operating margin9900€7k€56k€1k€-8k€-503▲ 93.3%
Operating profit (loss)9901€3k€39k€10€-10k€-800▲ 91.6%
Recurring financial income75€2k-----
Financial charges65/66B--€7k€2k€4k▲ 79.1%
Recurring financial charges65€20k€8k€7k€2k€4k▲ 70.8%
Non-recurring financial charges66B----€194-
Profit (loss) for the period before taxes9903€-15k€31k€-7k€-12k€-5k▲ 58.0%
Income taxes67/77€8k--€9k€5k▼ 40.3%
Profit (loss) for the period9904€-22k€31k€-7k€-21k€-10k▲ 50.3%
Profit (loss) for the period to be appropriated9905€-22k€31k€-7k€-21k€-10k▲ 50.3%
Line20182019202020212022Change
Assets
Total assets20/58€539k€457k€345k€47k€47k=
Formation expenses20-€2k€2k€2k€2k=
Current assets29/58€539k€455k€344k€45k€45k=
Stocks and contracts in progress3€342k€298k€298k€40€40=
Stocks30/36--€298k€40€40=
Amounts receivable within one year40/41€171k€139k€28k€27k€27k▼ 0.8%
Trade receivables40----€15k-
Other amounts receivable41--€28k€27k€12k▼ 56.2%
Cash at bank and in hand54/58€7k--€322--
Deferred charges and accrued income490/1--€18k€18k€18k▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€539k€457k€345k€47k€47k=
Equity10/15€-206k€-176k€-183k€-203k€-214k▼ 5.1%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€2k€2k€2k€2k€2k=
Non-distributable reserves130/1--€2k€2k€2k=
Reserves not available under the articles1311--€2k€2k€2k=
Profit (loss) carried forward14€-227k€-196k€-203k€-224k€-234k▼ 4.6%
Amounts payable17/49€745k€632k€528k€250k€261k▲ 4.2%
Amounts payable after more than one year17€4k€4k€5k€4k€4k=
Financial debts170/4--€1k---
Other amounts payable178/9--€4k€4k€4k=
Amounts payable within one year42/48€741k€628k€523k€246k€257k▲ 4.2%
Financial debts43--€175k-€177k-
Credit institutions430/8--€175k-€174k-
Other loans439----€2k-
Trade debts44€118k€30k€32k€34k€35k▲ 0.9%
Suppliers440/4--€32k€34k€35k▲ 0.9%
Taxes, remuneration and social security45--€6k€148€147▼ 0.7%
Taxes450/3--€6k€148€147▼ 0.7%
Other amounts payable47/48--€310k€212k€45k▼ 78.6%
Line20182019202020212022Change
Profit (loss) for the period9904€-22k€31k€-7k€-21k€-10k▲ 50.3%
+ Depreciation and write-downs630€2k-----
Operating cash flow (approximation)€-20k€31k€-7k€-21k€-10k▲ 50.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2025
02-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 26-06-2025
2024
05-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 158 days late
2022
20-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
20-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 446 days late
2021
16-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 259 days late
2019
31-12
Financial Back to profitnet €31k
Net result €31k after one loss-making year.
25-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
12-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 73 days late
2016
06-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
2015
30-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
04-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 4 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilsen-Stokkem · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,377 m²
Building footprint
159 m²
Volume, LiDAR
822 m³
Parcel 72005C0251/00Y000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BUILDEX
Real estate development
since 19922.058.259.925
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72005C0251/00Y000 Flanders 3,377 m² 1 · 159 m² 6.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator TOM ARTS
JAARBEURSLAAN 19/31, 3600 GENK-
26-06-2025 → present
Curator GEERT RENIERS
JAARBEURSLAAN 19/31, 3600 GENK
26-06-2025 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded06-07-1992
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.